Care Advantage - M&A Summary, Ownership, and Business Overview

Healthcare ServicesCompany

Care Advantage M&A Summary

Care Advantage has acquired 8 companies of its own, including 2 in the last 5 years.

Care Advantage has acquired in 4 different US states. The Company’s most targeted sectors include healthcare services (88%) and consumer services (13%).

Care Advantage Ownership

Who owns Care Advantage?

Care Advantage is owned by Searchlight Capital Partners. It was acquired on June 1, 2021.

Is Care Advantage PE-backed?

Yes. Care Advantage is owned by private equity investor Searchlight Capital Partners.

Was Care Advantage formerly PE-backed?

Yes. Care Advantage was formerly owned by 1 private investor.

Care Advantage Business Overview

Where is Care Advantage headquartered?

Care Advantage is headquartered in Richmond, Virginia.

What sector is Care Advantage in?

Care Advantage is a healthcare services company.

When was Care Advantage founded?

Care Advantage was founded in 1988.

M&A Summary

  • M&A Total Activity8
    • M&A Buy Activity8
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1

Care Advantage

Care Advantage, Inc.

10041 Midlothian Turnpike,
Richmond, Virginia 23235
United States,
(804) 323-9464
www.careadvantageinc.com

Care Advantage is a provider of home healthcare and related services in Virginia. The Company specializes in “one-on-one” quality nursing care in the home for both “unskilled care” and “skilled care” patients. Care Advantage was founded in 1988 and is based in Richmond, Virginia.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 8 - - - - - 8
Sell (0.0/yr) # - - - - - - 0
  8

Most Recent M&A

Company Date Value Type
Allegiance Home Health and Rehab, Inc. 2019-08-08 - Add-on Acquisition
Boca Raton, Florida · www.ahhrehab.com
Capital City Nurses 2019-05-06 - Add-on Acquisition
Chevy Chase, Maryland · www.capitalcitynurses.com
Direct Home Health Care 2018-09-10 - Add-on Acquisition
Portsmouth, Virginia · www.directhomehealth.com
A Hopeful Home 2018-08-21 - Add-on Acquisition
Richmond, Virginia
Paradise Home Care 2018-08-21 - Add-on Acquisition
Las Vegas, Nevada · www.paradisehomecare.com
Ready Hands Home Care 2018-01-30 - Add-on Acquisition
Alexandria, Virginia · www.readyhands.com
Care Solutions of Tidewater LLC 2017-12-12 - Add-on Acquisition
Hampton, Virginia
Stay at Home Personal Care 2017-05-09 - Divestiture
Charlottesville, Virginia · www.stayathomepc.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Healthcare Services 7 (88%) - - -
Consumer Services 1 (13%) - - -
Total 8 - - -

By Geo

State/Country Buy Value Sell Value
United States 8 - - -
  Virginia 5 - - -
  Nevada 1 - - -
  Maryland 1 - - -
  Florida 1 - - -
Total 8 - - -

M&A Connections

Deals
Acquired from
Strategic(s)
13%
1 (13%)

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